ANALYSIS & FORECAST
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SOUTH AFRICA - Monthly Report 03 Sep 2010
The slowdown in second quarter GDP growth confirmed our projection that the second half of 2010 will not be as robust as the first half. In the second quarter annualised growth decelerated ...
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SOUTH AFRICA - Databank 03 Sep 2010
South Africa databank...
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SOUTH AFRICA - Market Brief 24 Aug 2010
On a quarter-on-quarter (q/q) seasonally adjusted basis, real gross domestic product (GDP) growth during the second quarter of 2010 (Q2 2010) moderated to an annualised rate of 3.2%....
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SOUTH AFRICA - Special Report 05 Aug 2010
State-Owned Enterprises (Soes) Are Drifting Towards Inefficiency, Poor Governance and Are Almost On The Brink Of Undermining Economic Development. In any economy, public utilities ...
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SOUTH AFRICA - Monthly Report 03 Aug 2010
The first half of 2010 rebound in major economic activity continues to cast doubt on whether the current path to a full economic recovery is sustainable. In this regard it should be ...
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SOUTH AFRICA - Market Brief 22 Jul 2010
The Reserve Bank’s decision to keep the repurchase interest rate unchanged at 6.5% (Graph 1) is in line with our expectation. Although this decision might be met with disappointment ...
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SOUTH AFRICA - Market Brief 06 Jul 2010
As the 2010 FIFA World Cup draws to a close, South Africa is bursting with pride. After 15 years, South Africans have found yet again a collective sense of unity and political cohesion ...
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SOUTH AFRICA - Market Brief 02 Jul 2010
Following the resolutions taken at the recent G20 summit, whereby member countries have committed themselves to halve fiscal deficits by 2013, government revenue and expenditure statistics ...
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SOUTH AFRICA - Quarterly Outlook 02 Jul 2010
Rising domestic absorption during the first quarter of 2010 played a major role in accelerating the annualised growth rate of the Gross Domestic Product (GDP). Household consumption ...
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SOUTH AFRICA - Monthly Report 01 Jun 2010
The first quarter gross domestic product (GDP) shows an impressive 4.6% annual growth rate which is 1.4% higher than that of the fourth quarter of 2009. We had anticipated a slow and ...
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SOUTH AFRICA - Market Brief 25 May 2010
Following on the host of strong economic data released during this month (covering the first three months of 2010), it is not surprising to see a sturdy pick-up in Q1 2010 GDP. On ...
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SOUTH AFRICA - Market Brief 13 May 2010
The Reserve Bank’s decision to leave its repo rate unchanged at 6.5% came as no surprise to the market. The majority of expectations (including our own) were to leave rates unchanged....
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SOUTH AFRICA - Monthly Report 03 May 2010
The path to a full economic recovery is likely to be slow and modest as major macro indicators are showing signs of improvement which could be attributed to the low base effects of ...
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SOUTH AFRICA - Quarterly Outlook 01 Apr 2010
Keen domestic demand during the fourth quarter of 2009 moderated the extent of a declining annual growth rate in the Gross Domestic Product (GDP). The overall economy, that is, the ...
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SOUTH AFRICA - Market Brief 25 Mar 2010
The Reserve Bank’s decision to cut its repo rate by 50 basis points has taken the market by surprise, as the majority of expectations (including our own) was to leave rates unchanged....
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SOUTH AFRICA - Market Brief 23 Mar 2010
Data reflected in the Reserve Bank quarterly bulletin covering 2009Q4 shows the demand side of the economy and the extent to which the South African economy has recovered from the ...
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SOUTH AFRICA - Monthly Report 01 Mar 2010
The fourth quarter GDP shows a resounding 3.2% annual growth rate which is significantly higher than the 0.9% of the previous quarter. The major drivers of growth were increased activity ...
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SOUTH AFRICA - Market Brief 23 Feb 2010
On a q/q seasonally adjusted and annualised basis, growth in Q4 2009 GDP, came in higher than expected, at 3.2% from 0.9% in Q3 2009 (Graph 1). This rapid acceleration in the country’s ...
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SOUTH AFRICA - Market Brief 17 Feb 2010
The post-recession budget tabled by Finance Minister Pravin Gordhan in Parliament today sought to deal with the aftermath of the economic downturn without destabilising government’s ...
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